Two weeks ago, one equities strategist asked if US downturn worries were “more fear than
Month: April 2022
Buffett, Munger Play The Hits After $40 Billion Buying Spree
Warren Buffett finally found something to buy besides his own shares. A string of investments,
Slow Oil Ban Is Latest Idea In EU-Russia Coordinated Decoupling
The EU may be poised to unveil a ban on Russian crude. But it’ll be
China Activity Gauges Plunge As Lockdown Hit Revealed
You know things aren’t going well in China when even the official numbers are bad.
Amazon’s Very Bad Day And McElligott On Friday’s Selloff
A very bad month for US equities closed on a decidedly dour note Friday, when
Nabiullina Spurns Kremlin, Rules Out Ruble-Gold Peg
On Friday, Elvira Nabiullina cut Russia’s key rate for the second time since an emergency
BofA’s Hartnett Talks ‘Pain, Exit’ Level After ‘Just Awful’ Month
Stocks may be the best inflation hedge on the board, but measured in real terms,
Scorching Wages Hide Record Drop In Inflation-Adjusted Pay
Headed into the weekend, top-tier US data provided some incremental evidence to support the contention
Key US Spending, Inflation Data Offers Glimmer Of Hope
Friday’s key US spending and income data beat across the board, and suggested prices accelerated
Politburo Promises Trigger Another Raucous China Rally
For the second time in six weeks, officials in Beijing managed to engineer a rally
Apple, Amazon Results Leave Macro Questions Unanswered
Amazon delivered disappointing revenue guidance after the bell Thursday, underscoring the notion that even the
The Illusion Of A Stock ‘Market’
So far, 2022 is a macro tragicomedy. I’ve long suspected my penchant for describing various
Meanwhile, Sweden Executes ‘Record-Large’ Hawkish Pivot
The Bank of Japan wasn’t the only central bank to surprise markets Thursday. Although the
US Economy Moves To Brink Of Recession
The US economy contracted at a 1.4% annualized rate during the first three months of
Bank Of Japan Throws Gas On Burgeoning Asia FX War
It was all about the yen on Thursday, when the Bank of Japan surprised markets
Of The Fed, We Now Demand The Impossible
The Fed is attempting to do the impossible. That characterization could be applied to any
Bassman: This Is ‘Let Them Eat Cake’ Economics
This rhymes with our present-day financial aristocracy arguing over which First Cru French Chablis is
Surprise! US Pending Home Sales Slow, Mortgage Apps Dive
Pending home sales fell more than expected in the US last month, data out Wednesday showed.
Goldman On Russia’s Gas Halt: ‘This Raises The Stakes’
The physical impact of Russia’s move to halt gas flows to Poland and Bulgaria is
‘Unacceptable’ Russia Gas Cuts Force EU Energy Reckoning
The EU is “prepared” for a scenario in which Vladimir Putin threatens the bloc’s energy
Poland Gas Cutoff, Tech Disaster Leave Markets Reeling
It’d be difficult to imagine a more inauspicious mix of headlines than those investors confronted
Deutsche Bank Stunner: ‘We Will Get A Major Recession’
Starting last year, Deutsche Bank began publishing a new series of papers dedicated to furthering
Down Payment Burden For New Homes Hits $105,000
New home sales in the US fell more than expected in March, data out Tuesday
Fed May Have Just Two Hikes Left, SocGen Quant Suggests
Market pricing for Fed hikes went into overdrive late last week, when tail hedges for
US Home Prices Rose Most Ever On Eve Of Rate Surge
A key gauge of US home prices notched another new record, data out Tuesday showed.
China Tried To Talk Stocks Higher. It Didn’t Work
The PBoC ran up against the law of diminishing returns Tuesday, when an attempt to
With Twitter Deal, Musk Vies For Surveillance Capitalist Crown
Surveillance capitalism operates through unprecedented asymmetries in knowledge and the power that accrues to knowledge.
